Earlier this week, Scott Morrison suggested there was no investment case for nuclear power in Australia.

But Australian Conservatives leader Cory Bernardi begs to differ and will set about laying out an investment case to pursue the power generation format next week.

“ If Scott Morrison says he’s not afraid to use the nuclear word, I want to give him the economic case so that he can seize the mantle and stop this 20 year green moratorium on even contemplating nuclear power in this country,” Bernardi tells Luke Grant

“ I will lay out an investment case that makes nuclear a compelling opportunity. It will detail not only the energy benefits of nuclear energy but the whole range of other spin off benefits. Like that could relieve drought-affected areas, that could ensure greater crop produce.”

“We can also detail away, which is a little riskier in a political sense, that it could be built with no additional capital input from the government right now.”

With the blanket prohibition on nuclear precluding the country from capitalising from its uranium resource abundance,  

Bernadi says the time for an elimination of the ban is now, with the blanket prohibition precluding Australia from capitalising into its uranium resource abundance and tapping into economic rivers of gold.

“We’re crazy,” he says.

“ There’s 30% of the world’s uranium resources in this country, something like 20% in South Australia alone. We could radically change Australia’s economic future. You can do it perfectly safely and to those who want to stop carbon dixode emissions, you can cure that problem too.”  

Earlier this week, Scott Morrison suggested there was no investment case for nuclear power in Australia.
But Australian Conservatives leader Cory Bernardi begs to differ and will set about laying out an investment case to pursue the power generation format next week.
&ldquo; If Scott Morrison says he&rsquo;s not afraid to use the nuclear word, I want to give him the economic case so that he can seize the mantle and stop this 20 year green moratorium on even contemplating nuclear power in this country,&rdquo; Bernardi tells Luke Grant
&ldquo; I will lay out an investment case that makes nuclear a compelling opportunity. It will detail not only the energy benefits of nuclear energy but the whole range of other spin off benefits. Like that could relieve drought-affected areas, that could ensure greater crop produce.&rdquo;
&ldquo;We can also detail away, which is a little riskier in a political sense, that it could be built with no additional capital input from the government right now.&rdquo;
With the blanket prohibition on nuclear precluding the country from capitalising from its uranium resource abundance, &nbsp;
Bernadi says the time for an elimination of the ban is now, with the blanket prohibition precluding Australia from capitalising into its uranium resource abundance and tapping into economic rivers of gold.
&ldquo;We&rsquo;re crazy,&rdquo; he says.
&ldquo; There&rsquo;s 30% of the world&rsquo;s uranium resources in this country, something like 20% in South Australia alone. We could radically change Australia&rsquo;s economic future. You can do it perfectly safely and to those who want to stop carbon dixode emissions, you can cure that problem too.&rdquo;&nbsp;&nbsp;

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